This was the Broncos’ revised Daiyan Henley trade offer (and injury concern) - Broncos Wire

The Denver Broncos agreed to trade a 2027 fourth-round draft pick and a 2028 fifth-round pick to the Los Angeles Chargers in exchange for linebacker Daiyan Henley ahead of the NFL's trade deadline on Tuesday afternoon, pending a physical.

Then, late Wednesday evening, the Broncos announced that the trade would not be finalized. We now know the details of why the trade fell through.

Denver "discovered an issue" with one of Henley's knees during his physical at the team's facility on Wednesday, according to ESPN's Jeff Legwold. Despite that "issue," the Broncos still wanted to trade for Henley, but on revised terms.

In place of the original fourth- and fifth-round picks, Denver's revised offers were either a fourth-rounder and a seventh-rounder, or a fourth-rounder and another pick flip, according to ESPN's Adam Schefter. L.A. was not interested in either option and the trade fell through.

When the NFL's transaction wire is released later today, the unprocessed trade will be designated as a "failed physical." But the Chargers apparently feel more confident in Henley's knee than the Broncos, so the linebacker could go right back to playing when he returns to L.A. this week.

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